I simply hope it continues until the car’s problems are resolved during my next service visit, which was arranged 45 days after my request.
Target $0
- Thread starter sri
- Start date
- Joined
- May 27, 2026
- Messages
- 317
- Reaction score
- 427
- Location
- Southern CA
- Cars
- Gravity Grand Touring
- Referral Code
- 6298AY75
I hope they last until my buyback request is completed or I get a functional Gravity back within a month or two.
They are known for their patience!
1980s and 1990s
Instead of $500 accessory credit they give you 200 shares lol
- Joined
- May 27, 2026
- Messages
- 317
- Reaction score
- 427
- Location
- Southern CA
- Cars
- Gravity Grand Touring
- Referral Code
- 6298AY75
Reminds me I should use that up now
- Joined
- Aug 3, 2026
- Messages
- 34
- Reaction score
- 36
- Cars
- Lucid Gravity 2026
The one item I want has been out of stock since I lease my Gravity in July, the GAP cover for the 7 seat option
Three on the tree?!
Absolutely. Last year in Michigan a half million new cars were sold. Someone in Michigan has to go to Chicago to test drive a Lucid and there is no trade-in program nor any prominent advertising. Other manufacturers are catching up with range and fast charging. How can Lucid expect to sell their cars? I know they don’t want dealers but there are other ways to do it.
If a tree falls in the forest but no one is there, is there sound? If Lucid is building the best cars in the world but no one knows it, are they still the best cars in the world?
They should partner with established service centers. Just like they are doing in Europe.
My father ordered it that way in 1977, (Ford Clubwagon, 8 seater, long wb, 300 IL6, MS, MT, no AC) only options were rubber floor coverings and AM radio, $5300 out the door. I drove it through 1995.
If you are Saudi PIF, what would you do? Let it go bankrupt- and waste the 9 billion you already invested or throw another 2 billion at it, let them get Cosmos out and see if company succeeds.I talked myself into another 1000 shares today. Probably the last gasp chance. I figure it's probably 1 of 2 outcomes now: it's either heading to nothing (bankruptcy/buyout/private/etc), or they survive and go significantly higher. Just doesn't seem feasible for an automaker to flounder around this scant $1.3B market cap long-term. Rivian has a $19B market cap. Ford $48B.
Total loss is surely more likely at this point, but if it does survive in current form, 5x-10x seems likely (and that's still only half Rivian's market cap). It's like betting 10:1 odds on Super Bowl futures now.
Going private won’t happen- security issues with robotaxis being a foreign company, no stock options to attract good talent, lack of access to US finances at favorable rates , loss of premium valuation being a US company and they have to find another 5 billion to buyout and support the company.
Best option is to continue to support till Cosmos gets ramped. They waited 8 years, what’s 1 year more? They know the future is EV and want EV manufacturing in Saudi. They need Lucid as well in addition to CEER to attract supply side manufacturers.
70% of employed at AMp-2 are Saudi nationals. They want jobs for their citizens.
It’s oversold due to panic from a couple of analysts who are more than 50% wrong.
I bought 2000 shares today, and will by more if it falls further.
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I continue to honor the prior commitment for total line of credit (they just drew down another $400M of it last week and have $400M remaining of that commitment), while monitoring progress and reassessing before deciding whether to commit to even more credit. Hopefully they will, but likely only if they feel like there's light at the end of the tunnel. Even though they want Lucid to succeed, and want a Saudi auto industry, that doesn't mean Lucid is sure to succeed. There's always a breaking point somewhere if a business just keeps sinking and burning cash. The question was always whether Lucid can turn the corner before getting there. The perception of that happening appears to be shrinking with each passing month (as reflected in the stock price), but there's still a chance. I wouldn't say a great chance, but a chance.
The PIF’s objectives can be met with or without Lucid. The Saudi’s objective of building a state of the art manufacturing facility has been met. They’ve also acquired the knowledge of how to engineer and build cars. Lucid was merely the gateway to acquire that expertise. If they decide that Lucid is not viable they can always repurpose AMP-2 and try again.